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Oklahoma Department of Commerce www.okcommerce.gov/data
Research & Economic Analysis Services
Oklahoma’s Economic Snapshot
December 2012
Employment
 OK payroll employment increased by 2,700 in November; however, there were correction and revision of previous months’ data affecting the state’s overall rankings.
 OK’s increase of 38,200 jobs for a 2.4% growth rate over the past 12 months (Nov 11-Nov12) puts OK at #6 among states.
 Since January 2012, OK has gained 36,200 jobs. And since January 2011, 62,400 jobs have been added for a 4.1% growth rate and ranking of #4.
 OK’s preliminary unemployment rate for November moved downward to 5.2%, keeping one of the lowest rates in the
nation (7th lowest).
 In manufacturing OK gained 900 jobs, recovering October’s loss in the sector. At a 5.2% rate over the past 12 months, OK takes back the #2 ranking among states in manufacturing job growth. Since January 2011, OK has added an impressive 13,200 manufacturing jobs for a 10.6% growth rate and #2 ranking.
Net Migration
This week the Census released the 2011 data on migration among US states. While our state may be known for a historical migration west due to the dust bowl, today’s story is very different. It is more than apparent in maps of the nation’s population shifts that households are moving to states with sustainable job growth, lower total tax burdens, and high cost of living value. Oklahoma’s economic performance over the past several years may be measured in jobs, unemployment rate, personal income and GDP, but the outcome is people throughout the US (and especially Texas) wanting to share in our prosperity. For a state of 3.7 million and #28 in population, OK’s net migration of 27,869 was #7 among all states -regardless of size. Below are the top states providing Oklahoma’s newest citizens.

Oklahoma Department of Commerce www.okcommerce.gov/data
Research & Economic Analysis Services
Oklahoma’s Economic Snapshot
December 2012
Employment
 OK payroll employment increased by 2,700 in November; however, there were correction and revision of previous months’ data affecting the state’s overall rankings.
 OK’s increase of 38,200 jobs for a 2.4% growth rate over the past 12 months (Nov 11-Nov12) puts OK at #6 among states.
 Since January 2012, OK has gained 36,200 jobs. And since January 2011, 62,400 jobs have been added for a 4.1% growth rate and ranking of #4.
 OK’s preliminary unemployment rate for November moved downward to 5.2%, keeping one of the lowest rates in the
nation (7th lowest).
 In manufacturing OK gained 900 jobs, recovering October’s loss in the sector. At a 5.2% rate over the past 12 months, OK takes back the #2 ranking among states in manufacturing job growth. Since January 2011, OK has added an impressive 13,200 manufacturing jobs for a 10.6% growth rate and #2 ranking.
Net Migration
This week the Census released the 2011 data on migration among US states. While our state may be known for a historical migration west due to the dust bowl, today’s story is very different. It is more than apparent in maps of the nation’s population shifts that households are moving to states with sustainable job growth, lower total tax burdens, and high cost of living value. Oklahoma’s economic performance over the past several years may be measured in jobs, unemployment rate, personal income and GDP, but the outcome is people throughout the US (and especially Texas) wanting to share in our prosperity. For a state of 3.7 million and #28 in population, OK’s net migration of 27,869 was #7 among all states -regardless of size. Below are the top states providing Oklahoma’s newest citizens.